How to Get Rich – One Idea That Never Changed

June 30, 2010

“I had one idea that never changed in my mind — that you should use your wealth to help people.” – Chuck Feeney

This is the key to the enormous fortune Chuck Feeney amassed.
” I try to live a normal life, the way I grew up,” Feeney said. “I set out to work hard, not to [...]

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How to Get Rich – #1 Top Secret Way of Getting Rich

June 29, 2010

How to Get Rich – #1 Top Secret Way of Getting Rich!? What’s all this about?

Well, this is the story of one man who quietly became a billionaire using the secret formula of getting rich and then quietly gave it all away to become a millionaire.
This is a rather unorthodox way of becoming a millionaire [...]

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Wealth Building – Wealth is Best Measured in Time

June 29, 2010

The Difference Between Wealthy & Rich
If there was one defining difference between being rich and being wealthy it’s this: rich people can generate money now, wealthy people can generate income always.
The best definition I know of for being wealthy is if the passive income from all your assets is greater than all your liabilities then [...]

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Wealth Building – How Rich is Rich?

June 28, 2010

It’s actually quite hard to define in a dollar amount what rich is.
We often say so-and-so is rich because he or she has a high-income corporate job, buys brand new luxurious cars, dresses in fancy clothes and so on.

Although these are outward demonstrations of ‘rich’, crucially, that does not mean these people are wealthy (they [...]

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Wealth Building – Is “Rich” a Feeling?

June 25, 2010

Feeling rich is completely subjective.
In a way being rich is a feeling and you probably never think you’re truly rich or as rich as you could be.

Someone making $30,000 per annum will probably say that if they made an income of $100,000 they would see themselves as ‘rich’. How someone defines rich depends on their [...]

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Wealth Building – Why Making Money Won’t Make You Rich

June 23, 2010

If you are rich, don’t be fooled into thinking you’re wealthy.
You can make a lot of money and still be broke.

I know many people who have made millions of dollars in the course of their life but are now neither rich nor wealthy. Why is this? Well, not all people are blessed with naturally good [...]

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Wealth Building – Better to Be Wealthy Than Rich

June 22, 2010

If you are a millionaire, are you by default wealthy?  
If you strive to build wealth rather than just get rich you’re basically giving yourself the keys to the vault!
There’s a massive difference between being wealthy and being rich. Not all rich people can be wealthy but all wealthy people can be rich. Confused!?…let me [...]

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1001 Great Questions to Ask Yourself

June 21, 2010

Over the years I’ve been making notes to myself on notepads, the back of beer mats and of course the back of my hand (some habits die hard!). These notes are usually things like the names of books and albums I must get my hands on; a motivating quote or perhaps even inconsequential reminders such [...]

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Business Startup Mistake # 2 – Not Choosing the Right People

June 18, 2010

Business Stratup – Failure or Success
That depends on whether or not you will avoid the two biggest mistakes that most business startups are bound to face: not creating a business system and not choosing the right people to implement the system.
A system without the right people to manage it is like a ship manned by [...]

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Business Startup Mistake # 1 – Not Creating the Business System

June 17, 2010

Starting a business throws up many opportunities and challenges on a daily basis.
You are both head chef and chief bottle washer; creating the vision, devising your sales and marketing strategy, raising sufficient finance to fund the businesses growth etc. Now, add devising a whole business system into the mix and you’re gonna be knee-deep [...]

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